Plan Ledger DOL Form 5500 · updated monthly

Pittsburg Tank & Tower Group, Inc.ESOP

PITTSBURG TANK & TOWER GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN · HENDERSON, KY · plan year 2024

Employer contribution per participant · 2024
$5,337

Pittsburg Tank & Tower Group, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $52,780,607 across 394 participant accounts, with employer contributions averaging $5,337 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 136th-largest of 871 plans among Kentucky employers on file, and the 3,032nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$52,780,607
Participants with balances394
Active participants340
Employer contributions$1,814,459
Employee contributions—
Employer contribution per active participant$5,337
Average account balance$133,961
Benefits paid to participants$156,769
Plan auditUnmodified (clean) audit opinion
AuditorHARDING SHYMANSKI & CO., INC
Plan history3
Yearassets · accounts · employer contribution
2024$52.8M · 394 accts · $1.8M emplr
2023$38.3M · 326 accts · $1.7M emplr
2022$20.3M · 304 accts · $1.7M emplr
Employer contributions to the Pittsburg Tank & Tower Group, Inc. plan · 2024
Employer contribution per active participant$5,337
Median for plans this size$2,416
2024$5,337 per active participant
2023$5,702 per active participant
2022$5,377 per active participant

Pittsburg Tank & Tower Group, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansManufacturing · Kentucky
Lantech.com, LLC KY$62.8M · 0.11%
Rfc LLC KY$47.9M · 0.36%
American Fuji Seal, Inc. KY$43.6M · 0.06%
Krauss-Maffei Corporation KY$39.7M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300769075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.